20190615 China News
Source: | Author:eacham | Published time: 2019-06-15 | 307 Views | 🔊 Click to read aloud ❚❚ ▶ | Share:

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China Petroleum and Chemical Corp, or Sinopec, the world's largest refiner by volume, is enhancing its low-sulfur marine fuel oil production and distribution capabilities to make rapid strides in the global bunker market, analysts said.

 

China's 5G commercial use is the natural result of a favorable domestic market, policy support and fast development in the area, an expert cited by China Newsweek on Friday said as the country granted commercial licenses for 5G last week.

 

German software and cloud giant SAP SE is scrambling to offer more localized services in China as part of its broader efforts to step up investment in the country, the fastest growing market for the company.

 

The 35-year-old US retailer Forever 21, which has said it will shut all of its stores in China, reflects the strain of fierce competition that fast fashion brands face in China.

 

Manufacturing upgrading is the hottest topic at the 14th China-South Asia Business Forum held in Kunming, capital of Southwest China's Yunnan province, that closed on Thursday.

 

China's top financial regulators have warned about risks in complicated financial products and banks' off-balance sheet business, in a bid to prevent cross-market risk contagion, according to senior officials on Thursday.

 

The ongoing consumption upgrade in China is making technology-driven innovation a key competitive edge for personal care products and cosmetics makers looking to gain traction with sophisticated Chinese consumers, said industrial analysts.

 

Xin Printing Technology Co Ltd, a printing service company based in Central China's Hunan province, is expanding its business to Africa.

 
Source:Globaltimes, Xinhuanet, Chinadaily, Shine, Gdtoday，China Plus News
Author: Producer Emilio Mendez
Speaker: Caroline Parraguez
Edition: EAcham

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